New Cross

A Vibrant and Artsy Community

Area Guide For New Cross

New Cross is an ideal place for middle class families looking for quality educational institutions for their children, couple with all the day-to-day amenities and leisure facilities. The prices in this area are quite reasonable, the local community is friendly and there are quite a few open spaces.



Park life


  • The Neighbors

    There are two conservation areas in the New Cross District, the Telegraph Hill conservation area and St John’s conservation area. The former has a fine array of semi-detached and terrace four- and five-bedroom houses while the latter consists of smaller and cheaper Victorian terrace cottages, most of which are flat fronted and three bedroom houses.

  • Ideal for

    Lower and Middle Class Families and Young Professionals.

  • Deal Sealer

    Shops and Restaurants.

  • Not for

    People looking for upscale and posh surroundings.

  • You will Like

    Market, Schools, Park life, Transport, Places.

New Cross Map

Estimated Price: £361,807
Average Asking Price: £403,923
Price change in last one year: £35,694
Average Price Paid: £300,794
Average Rent Rates: £1,299


Property Prices Breakdown in New Cross

Average Price for property in New Cross is around £361,807 which varies based on type of property you are interested in and ranges from £467,442 for detached house to around £649,108 for semi-detached. Similarly terraced house is around £486,561 and a flat is worth £264,408. Values have been changing and have risen £2,315 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,334 in last 6 months, £35,694 in last 1 year, £72,962 in last 2 years, £84,730 in last 3 years, £85,733 in last 4 years and £95,075 in last 5 years.

Currently average asking price of a property in New Cross is around £403,923 based on approximately 236 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £1,299 per month.

Estimated property value in New Cross is £361,807. Average asking price is £403,923 while average price paid is £356,589 which is up by £35,694 and Avg. asking rent £1,299.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in New Cross area. In last 1 year alone average price buyer paid is around £356,589 based on approximately 236 sales in New Cross area alone. If you compare it to last 3 years sales of 700 properties where buyers paid around £317,700. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £300,794 for 1,035 and average amount paid for purchase of approx. 1,352 properties sold in last 7 years comes to about £285,137 per sale.


Properties For Sale in New Cross


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £363,333, £553,484 for a 3 bedroom house, £1,175,000 for a 4 bedroom house and £1,250,000 for a 5 bedroom house. For a flat similarly the prices varies from £259,968 for a single bedroom to £365,950 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £459,862 and £647,498 for a 4 bedroom flat. To sum up the asking prices for properties in New Cross it comes to around average £259,968 for 1 bedroom property, £365,738 for 2 bedroom, £526,735 for 3 bedroom, £911,249 for 4 bedroom and £1,250,000 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £750 for 1 bedroom to £3,033 for 2 bedroom and £1,765 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,092. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,358 and £1,599 for 3 bedroom. You should be generally be expecting around average £1,056 rent per month for single bedroom property, £1,446 for 2 bedroom and approximately £1,724 for 3 bedroom property in New Cross area.

Popular Houses in New Cross

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Sold Properties in New Cross

Sum it all up

 The Good

- Good Schools
- Places
- Park Life
- Access to Amenities
- Facilities
- Transport
- Reasonable Prices

 Best For

- Middle Class
- Professionals
- Businessmen

 The Bad

- Some areas are very expensive.

Transportation in New Cross

Browse by Streets in New Cross

Browse by Outcodes in New Cross